MercoPress, en Español

Montevideo, July 23rd 2024 - 11:59 UTC

Mercosur

  • Friday, March 29th 2024 - 10:53 UTC

    FTA deal between EU and Mercosur needs to start from scratch, says Macron

    “Let’s put aside an agreement from 20 years ago and build a new” one, Macron insisted

    French President Emmanuel Macron told a business forum in São Paulo that the Free Trade Agreement (FTA) between the South American Common Market (Mercosur) and the European Union (EU) needed to be ”renegotiated from scratch,” Agencia Brasil reported.

  • Wednesday, March 27th 2024 - 19:28 UTC

    Brazil and France sign key deals during Macron's visit

    Macron was welcomed by Lula. He will spend 3 days in Brazil on his first official trip to the South American country. He is due back later this year for the G20 Summit

    Presidents Luiz Inácio Lula da Silva and Emmanuel Macron launched Tuesday in Belém a € 1 billion investment bioeconomy program for the Brazilian Legal Amazon as well as for the part of the Amazon within French Guiana to raise funds through public and private investments over the next four years, Agencia Brasil reported.

  • Wednesday, March 20th 2024 - 08:31 UTC

    Lula picks Rosa Weber for Mercosur Court

    Weber's nomination is still pending approval by the Mercosur Council

    Former Brazilian Supreme Federal Court (STF) Chief Justice Rosa Weber has accepted President Luiz Inácio Lula da Silva's proposal to become a member of Mercosur's Asunción-based Review Court which handles disputes among member countries, Agencia Brasil reported.

  • Friday, March 15th 2024 - 13:16 UTC

    The three objectives of Argentine foreign policy, minister Diana Mondino

    Minister Mondino during the AmCham conference

    Argentine Foreign Affairs, International Trade and Worship minister, Diana Mondino said that three are the main foreign policy objectives of the government of president Javier Milei, international trade and treaties, regional integration and improving logistic costs and returning Argentina to a position of international relevance and prestige, a reliable country with a respected loud voice worldwide, in a context of clear and fair rules of the game so promote corporations from the private sector.

  • Wednesday, March 13th 2024 - 06:19 UTC

    Brazil's massive goods foreign trade is in US dollars but there are incipient deals in Euros and Reais

    In 2023, the US dollar maintained its dominance in Brazilian goods exports, totaling US$ 325.5 billion (95.84% of the total), with an 1.8% increase compared to 2022

    Brazil's foreign trade in goods, some US$ 640bn annually is done mostly in US dollars, some 95%, but there are some inroads to other currencies such as the Euro and its own Brazilian Reais. These figure come from an annual report on trade operations’ currency statements compiled by Brazil’s Foreign Trade Secretariat of the Ministry of Development, Industry, Trade, and Services (Secex-MDIC), and revealed last week.

  • Tuesday, March 12th 2024 - 18:35 UTC

    FTA negotiations between Japan and Mercosur to start next month, Paraguayan FM says

    Ramírez also admitted that Paraguay was looking for “opportunities of mutual interest to work with Japan”

    The South American Common Market (Mercosur) will start negotiating a Free Trade Agreement (FTA) with Japan next month, Paraguay's Foreign Minister Rubén Ramírez Lezcano acknowledged in an interview with the Nikkei economic newspaper. Paraguay currently holds the rotating presidency of the regional bloc.

  • Monday, March 11th 2024 - 11:04 UTC

    Paraguay, the best place in the region for business, says FGV

    Paraguay topped the FGV report while Argentina climbed significantly with the first measures announced by President Milei

    The Latin American Economic Climate Index (ICE) released this weekend by Brazil's Getúlio Vargas Foundation (FGV) highlighted Paraguay as the Mecca for business ventures in the region given the country's outstanding performance.

  • Monday, March 11th 2024 - 10:56 UTC

    US to help Argentina handle the Paraná Waterway

    Ambassador Stanley, Benvenuto, González Botto, and McConnell signed the document

    Argentine authorities signed a memorandum of understanding (MOU) with the United States whereby the latter's Army Corps of Engineers would get involved in maintenance duties along the Paraná-Paraguay River Waterway, it was reported. US Ambassador to Buenos Aires Marc Stanley was present at the ceremony involving the Argentine agency managing the waterway and the General Ports Administration (AGP).

  • Friday, March 8th 2024 - 10:44 UTC

    No backtracking on Rule 1115, EU envoy tells Paraguayan producers

    Pitto also said his trip was to “see the efforts” Paraguay was making to guarantee that its products” do not come from deforested land

    European Union (EU) Environment Commission envoy Emanuele Pitto told Paraguayan exporters Thursday in Asunción that there would be no turning back from Rule 1115 banning raw materials and products associated with deforestation and forest degradation. The measure not allowing imports nor exports of these goods has been in force since June 29 last year.

  • Friday, March 8th 2024 - 08:47 UTC

    Spanish PM insists before Lula: EU needs new partners such as Mercosur

    Brazil and Spain are facing “extremism, the denial of politics, and hate speech, fueled by fake news,” Lula told Sánchez

    Brazilian President Luiz Inácio Lula da Silva and Spanish Prime Minister Pedro Sánchez Wednesday signed a series of bilateral agreements at the Planalto Palace. The documents dealt with communications; science, technology, public administration, and health issues, Agencia Brasil reported. Both heads of government also concurred on the importance of expanding political, commercial, and investment relations.